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Press Release - Treasury Markets Association Appointment of Honorary President of the Council

9 Oct 2009


 Press Release


Treasury Markets Association

Appointment of Honorary President of the Council


The Treasury Markets Association (TMA) announced today the appointment of Mr Norman Chan Tak Lam as the Honorary President of the Council of the TMA, upon the retirement of Mr Joseph Yam Chi Kwong. 


Mr Chan joined the Hong Kong Government as an Administrative Officer in 1976 and became Deputy Director (Monetary Management) of the Office of the Exchange Fund in 1991. He was appointed an Executive Director of the Hong Kong Monetary Authority (HKMA) when it was established in 1993. From 1996 to 2005, Mr Chan served as Deputy Chief Executive of the HKMA and he was instrumental in establishing the TMA in late 2005. From December 2005 to June 2007, Mr Chan was Vice Chairman, Asia of Standard Chartered Bank. Prior to rejoining the HKMA, Mr Chan was Director of the Chief Executive's Office of the Hong Kong SAR Government from July 2007 to July 2009. Mr Chan was appointed Chief Executive of the HKMA on 1 October 2009.


The TMA was established to promote the professionalism and competitiveness of the treasury markets in Hong Kong through enhancing the professionalism of market practitioners; developing appropriate codes and standards for the treasury markets; promoting market and product development; and promoting the profile of Hong Kong as the preferred hub for treasury market businesses in the region.


Treasury Markets Association
9 October 2009




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